Luxury Industry

How To Make Sustainability Desirable: Walpole’s Tips for Communicating Luxury Brands Sustainability Strategies

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      British Luxury Sustainability Report: Walpole’s Tips for Communicating Luxury Brands Sustainability Strategies. Sustainability is increasingly a part of conversations with investors, business customers and consumers. A significant opportunity exists for luxury businesses of all sizes to build brand loyalty by engaging consumers with their sustainability stories. In particular, with consumer trust in … Read more

Effect of Covid-19 on Luxury Brands

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  Just like pretty much everything, sales of luxury goods were also affected by Covid-19. However, due to the recent news (Lifting of restrictions, vaccines, etc), an almost 29 percent increase has been noticed in the sales of luxury goods. Especially in luxury handbags. As reported by Bain & Company, who happened to be a … Read more

If current market dynamics persist, luxury could return to 2019 levels as of this year. Report

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  Global Personal Luxury Goods Market On Track For Recovery. Two possible scenarios for the luxury industry rebound in 2021. Following a turbulent year, the luxury market has started its path towards recovery. The luxury industry returned to growth in the first quarter of 2021, growing by 0-1% versus 2019, which is viewed by the … Read more

Cannes is affirming its status as the first Luxury Tech Riviera

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  Université Côte d’Azur, Launchmetrics, TikTok & the City of Cannes Partner to Launch the First Luxury Tech Riviera. How to use influence marketing in the luxury niche as mankind moves into the future to anticipate the norm in a post-covid world. The south of France to become home to the new academic and research … Read more

Walpole welcomes a new cohort of luxury creative entrepreneurs to the 2021 Brands of Tomorrow

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  Brands of Tomorrow Class of 2021: Walpole unveiled the next generation of luxury businesses. Walpole, the industry body for the British luxury sector, has unveiled the 2021 participants for its annual Brands of Tomorrow programme, supported by partners Mishcon de Reya and moneycorp. The initiative will nurture and guide 12 of Britain’s most innovative … Read more

Despite Covid-19 crisis, diamond industry still managed to keep its sparkle. Report

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    Diamond industry suffered during the Covid-19 crisis but fared better than the personal luxury market overall. Report Diamond industry poised for rebound in 2021. Lockdowns, travel restrictions and economic uncertainty pushed diamond jewelry sales down by 15 percent in 2020 with most of the decline happening in the first and second quarters. But … Read more